Press Digest: Wall Street Journal - April 16

Viva Energy

16/04/2026 07:17

April 16 (Reuters) - The following are the top stories in the Wall Street Journal. Reuters has not verified these stories and does not vouch for their accuracy.

- A major fire engulfed part of Viva Energy's VEA.AX oil refinery in Geelong, heightening concerns around the supply of oil products in Australia at a time when availability has been stretched by the conflict in the Middle East.

   - Spirit Airlines FLYYQ.PK is engaged in discussions with creditors, who are exploring options including a potential liquidation of the airline.

   - Ticketmaster and its parent company Live Nation LYV.N illegally monopolized U.S. live event markets, a New York jury found on Wednesday, after a trial on the company's tactics in dealing with venues and artists.

- Senior U.S. defense officials have held talks about producing weapons and other military supplies with top executives of companies including General Motors GM.N and Ford Motor F.N, the Wall Street Journal reported on Wednesday

- Esco Technologies ESE.N agreed to acquire TBG's Megger Group business in a cash-and-stock deal valued at $2.35 billion.

    -  Doug Field, a Tesla and Apple veteran who has led Ford Motor's F.N electric-vehicle and technology efforts for nearly five years, is leaving the automaker.

 (Compiled by Bengaluru newsroom)

 ((globalnewsmonitoring@thomsonreuters.com))